The Weirdest Sales Tax Laws of 2014December 22, 2014
The Tax and Accounting business of Thomson Reuters has released its latest round up of quirky sales tax laws for 2014. The annual report provides a snapshot of some of the more offbeat tax code regulations that have been passed or implemented over the calendar year.
Some of the laws seem to be an attempt at rational thought (grocery items exempt, but fast food taxable), but in some cases there seems to be no rhyme or reason, such as in New York City, where a sliced bagel is taxable, but if left uncut, it is not. Read the full article on the CPA Practice Advisor.